£212,694
This estimated value is based upon the latest sale price for the house of £122,500 on 17 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£122,500 | 17 Nov 2011 |
£101,000 | 2 Dec 2002 |
£69,000 | 2 Oct 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in November 2011 the House Price Index for GREATER MANCHESTER was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £122,500 results in an estimated price of approximately £212,694.
17 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £122,500 | £90,194 | £212,694 |
The Postcode Pricing Model uses changes in average sales price within the SK4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 73.544 % | £90,090 | £212,590 |
3 Month Average | 53.703 % | £65,786 | £188,286 |
6 Month Average | 65.632 % | £80,399 | £202,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £171,350 | £167,000 | 11 LYCHGATE MEWS |
19 Oct 2023 | £179,067 | £175,000 | 595 DIDSBURY ROAD |
18 Oct 2023 | £383,715 | £375,000 | 16 GRUNDY STREET |
1 Sep 2023 | £99,186 | £97,000 | FLAT 16 HARWOOD COURT HARWOOD ROAD |
2 Aug 2023 | £386,980 | £380,000 | 553 DIDSBURY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Feb 2015. Using an estimated price of £212,695 means this house is valued at £3,938 per sq meter (£365 per sq foot).
The average size of a house on GRUNDY STREET is 74 sq meters (800 sq feet).